Elite Pharmaceuticals Inc (ELTP): Conix, just about every drug that Elite...

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Elite Pharmaceuticals Inc (ELTP)

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Re: conix post# 281780

Wednesday, 01/17/2018 12:15:24 PM

Wednesday, January 17, 2018 12:15:24 PM

Conix, just about every drug that Elite has ever gotten approved thus far and is currently selling are in markets that might be considered “peanuts”. There aren’t any multi-billion dollar products (or even several hundred million dollar products) that they have even gotten approved yet:

Hydromorphone 8mg tabs - $30M
Naltrexone 50mg tabs - $16M
Phentermine 37.5mg tabs - $40M
Isradipine 2.5 & 5.5mg tabs - $5.5M
Hydroxyzine 25 & 50mg tabs - $40M
Phendimetrazine 35mg tabs - $4.5M
Trimipramine 25/50/100mg tabs - $2M

Let’s be intellectually consistent here. Let them get a big ANDA approved and selling and THEN if they can’t penetrate that market in any meaningful way, your criticism will be justified.

Pending approval:

Oxycodone ADT - $2.3B
Hydro/APAP - $700M
Oxy/APAP - $700M
Undisclosed pain product - $40M

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